In this video I have discussed the factors that will be affecting the value of Pi and shared my opinion on what can be the value of Pi.
If you haven’t heard of Pi :-
Pi is a cryptocurrency developed by Stanford PHDs with an aim to make cryptocurrency available to everyday people all around the world.
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In this video I have discussed few factors which are responsible for the valuation of a cryptocurrency..
We all know Supply plays an important role…
But that is not the only determinant..
Without Demand, we can’t value the crypto..
Now in this video I have assumed a fixed supply curve,
and then discussed how the shift in Demand curve changes the price level..
Main factors affecting Demand of Pi are:-
Supply (High in case of Pi)
Sentiment (Positive in case of Pi)
Mining Difficulty (Easy)
On the basis of these factors we can see that Pi has a great future,,
Based upon my analysis of different cryptos and their supplies, I think that initial value of Pi will be around 1-10 dollars.
So if you have 1000 Pi means it can be worth $1000 or more…
*Pi is not listed in any exchanges yet, so don’t get fooled by other scammers.*
Pi is the first digital currency that you can mine on your phone.
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Copyright Disclaimer :-
This is an educational video on the Pi Network.
Official Website of Pi Network – https://minepi.com/
Thanks to Pixabay and its contributors for the images.